In recent years, the question of whether presidential candidates should release their tax returns has become a hot-button issue. In 2016, Donald Trump broke precedent and did not release his past tax returns, claiming that he did not want to do so while under audit. He has since continued to claim that given the size of his business ventures, IRS audits are still underway. As candidates in the Democratic Party have begun to announce their plan to run for president in 2020, some (though not all) of them have released their tax returns, claiming financial transparency in contrast to the president. In the meantime, 18 states have introduced legislation to require presidential candidates to release their tax returns to get on the state ballot.
Those in favor of requiring presidential candidates to release their tax returns argue that it is an issue of transparency. This side believes that the American people should know the financial dealings of the candidates.
Those who oppose requiring presidential candidates to release their tax returns argue that it is unnecessary as there are already numerous other financial disclosure forms that candidates are required to fill out. They argue that creating a law to require the release of tax returns will become a weapon used by politicians to attack their opponents. This could set a dangerous precedent that will undermine the rule of law. What do you think? Should there be a federal law requiring a candidate for president to release his or her tax returns?